Personal Income Climbs

By

Sarah Portlock And

Josh Mitchell

Updated Jan. 31, 2013 1:59 p.m. ET

Americans decided to stash away a big bump in their income during December, a possible sign of caution heading into the new year.

Personal incomes rose 2.6% in December, the highest increase in eight years, which was largely driven by a jump in dividend income, the Commerce Department said Thursday. Economists surveyed by Dow Jones Newswires had...